4450 Tiffany DrWest Palm Beach, FL 33407

Property Details for 4450 Tiffany Dr

Year built

1988

Construction

WOOD

Lot size

0.93 AC

Property size (Sq ft)

11,664 SF

Zone code

PCC

Property type

Office properties

Property subtype

Office buildings

APN

44-43-43-05-23-000-0200

APU

44434305230000200

Description

This exceptional 11,664 square foot special-purpose property at 4450 S Tiffany Drive, West Palm Beach, FL 33407, offers a unique blend of modern office space and a newly completed upscale event venue. The single-tenant building, zoned for office use (APN: 44434305230000200), boasts approximately 5,000 square feet of leasable office space. This includes a variety of configurations, from individual workstations starting at $375 per month to private offices beginning at $1,000 per month. Amenities are comprehensive and include a cafe/break room, large and small conference rooms, high-speed internet, and utilities (gross lease). The building features high-end interior finishes, an impressive lobby, and is situated in a convenient office park setting just off I-95 (east side) with ample free parking. The flexible lease options and excellent co-tenants make this an ideal location for businesses seeking a prestigious and functional workspace. The on-site event space is perfect for business functions, parties, or club events, adding significant value and versatility to this already impressive property.

• CAP approach

  CAP return

  Valuation

  6%

  $3,402,962

  6.5%

  $3,141,195

  7%

  $2,916,824

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,244,692

  Geo Method

  $3,244,692

• Alternative Use

  Use

  Valuation

  Residential

  $3,895,082

  Hospitality

  $3,567,874

  Educational

  $2,968,430

  Medical

  $3,070,518

  Retail

  $4,617,557

Location Insight

City

Mangonia Park

County

Palm Beach

State

Florida

Latitude

26.7535

Longitude

-80.0835

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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